New Canada Child Benefit puts ‘money in pockets of mom and dad,’ but not as progressive as some hoped

Mar 22, 2016

Lee Berthiaume, Postmedia News, National Post 

"Under the new system, a family with one child under six years old that made $30,000 last year will get $6,400 per year, while a similar family that made $90,000 will get about $3,150. While that represents a substantial difference, the two families would have received $4,852 and $2,201 respectively.

That means the lower income family will receive $1,548 more under the Liberal plan, while the higher income family will receive an additional $1,100. The Liberals could face questions over why the lower income family isn’t receiving a bigger boost, particularly given how much closer they are to the poverty line.

Similarly, a family with one child under six and one over six that made $30,000 last year will receive about $3,250 more than they did under the previous system, while a similar family that made $90,000 will get an additional $2,505."

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